Toshiba is expected to solicit early retirements and transfer workers, the sources said.
Toshiba Corp. is considering slashing several thousand jobs in Japan and abroad as the scandal-hit industrial conglomerate aims to restructure its loss-making personal computer, television, and white goods businesses, sources close to the matter said Tuesday.
The envisaged job cuts are part of Toshiba’s broader restructuring, coming after the inflation of profits spanning nearly seven years came to light earlier this year.
The downsizing of Toshiba’s Ome complex in west Tokyo that develops TVs and PCs is also under consideration, according to the sources.
For TVs, Toshiba is expected to sell a plant in Indonesia to a foreign maker, while a plant that produces washing machines in the Southeast Asian country will likely be sold as well, sources have said.
As of March, Toshiba’s lifestyle division in charge of white goods, TVs and PCs had over 24,000 employees both in Japan and abroad. The division logged a 42.5 billion yen ($350 million) operating loss for the first half of fiscal 2015.
Toshiba has already decided to withdraw from its image sensor and white light-emitting diode business, which would lead to some 2,300 job cuts and transfers.
Toshiba President Masashi Muromachi has said he will proceed with restructuring “without limits” after the accounting scandal led the firm to revise downward its profits totaling 224.8 billion yen on a pretax basis from April 2008 to December 2014.
Source: Kyodo Video and image: ANN